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Backaldrin Holding AG

The Austrian Backaldrin Kornspitz, engaged in the production of confectionary ingredients and bakery products, launched production in the territory of the Stupino Kvadrat Special Economic Zone in the Moscow Region. It was reported on Friday by the press service of the regional Ministry of Investment and Innovation.

13 October 2017

TASS

Arvalus LLC of Austrian Backaldrin intends to start a bakery in the territory of the Stupino Kvadrat SEZ, the fist stone was put into foundation of the enterprize on Monday, said Deputy Chairman of the Government of the Moscow Region, Minister of Investment and Innovation Denis Butsayev.

25 July 2016

INTERFAX

The Karelian delegation visit to Austria resulted in signing the Cooperation Agreement between Karelian Government and Backaldrin Holding AG, a major international company (Backaldrinvest). It provides for construction of the production facility that can produce the goods used in confectionary and bakery on the Republic territory. This facility will take place in Vyartsil urban settlement of Sortavala District. It is going to be built on the industrial site which is made within the federal target program of Karelia’s development up to 2020.

The Agreement has been signed by Alexander Khudilaynen, the Head of Karelia and Sergey Borisov, the CEO of “Bakaldrinvest”. The total expected amount of project investments is RUB 300 mln. Construction will be done at the company’s costs till 2018.

Agreement implementation, construction and commissioning of the facility will contribute to development of foreign economic relations and international cooperation. The social aspect of this project is of particular importance, meaning the creation of new workplaces on the territory of Karelia. It is very important for the Republic that such major international company as “Bakaldrinvest” comes to our region, Alexander Khudilaynen said on the signing ceremony.

The Agreement defines a common strategy, concepts, a mechanism of parties interaction, as well as main lines of cooperation during the project implementation at mutually profitable terms.

“Bakaldrinvest” LLC is an affiliate of the Austrian Company “Backaldrin”. It has had business on the territory of the Russian Federation since 1996, and now if a bread market leader.

11 November 2015

http://karelinform.ru/

Investor

4.5 mln

Republic of Karelia

Investor profile

Backaldrin Company, established in 1964 in Wien, is a multinational holding with the representative offices in over 70 countries of the world, the annual turnover is EUR 105 mln. Backaldrin entered the RF market in 1996. Today’s dealer network of Backaldrin covers almost all Russia’s territory, from Kaliningrad to Vladivostok.